The IT machines and business equipment that we use and upon which we rely are certainly not infallible. Too often business assets, such as IT hardware, are purchased and brought into the organisation to meet our needs and demands, but without attention to their maintenance and upkeep, these machines are likely to perform at a sub-optimal standard and, in the long run, prove costly to maintain.

Regardless of the type of project in which you are engaged, data is bound to play a role in its management and control. Of course, there is typically great variation in how well data is used and the systems that are in place for its control and manipulation. Increasingly, there is potential for data to be used in sophisticated and advanced ways in order to achieve successful project outcomes, including objectives being met and on-time, on-budget project deliverables.

Businesses are all about generating as much profit as possible and increasing market share and brand reputation. While almost all businesses have aspirations of success, it is essential to realise that success very rarely ‘just happens’. Instead, thoughtful and thorough planning

It is virtually impossible to put a price on the value of maintaining your business assets in peak condition. When assets are maintained so that they offer consistent, reliable and high quality performance, it is likely that you will experience an increase in the amount of profit that you generate as valuable time will not be lost by equipment being out of action or functioning at a substandard level.

It is important and there is great value to be realised from an organisation successfully maintaining and managing its fixed assets. Significant financial outlay is required to purchase new equipment and, all too often, businesses are forced to buy new equipment because there has been inadequate commitment to, and investment in, maintaining existing assets to an optimised standard of operation.

Although efforts to maintain facilities and business assets result in unavoidable expense, a pitfall that negatively affects some businesses is their failure to realise that comprehensive maintenance of facilities and equipment can generate and/or increase revenue. Simply put, this means that when assets are maintained to perform at their peak, there is a significant and direct impact on the business’s bottom line.